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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: IHateSourCream who wrote (405)5/25/2005 8:54:36 AM
From: J.K.  Read Replies (1) | Respond to of 4814
 
Hey IHSC,

AV = anti-venom: a colorful term used by a no-longer-posting SI guy named Jeff who had a unique but effective approach to TA trading. I learned only a little about his style before he went away.

AV occurs when indicators (such as stochs, williamsr, etc.) fall from overbought levels, APPEARING to signal a selloff. Then they snap back off around the 50 line and the market continues higher - as if to say: "fooled you." That's the simple definition, but there are nuances to this phenomenon.

Check out these threads if you want to learn more:
Subject 52896
Subject 55385

See you next week - off to Disney.

J.K.

BTW: DB = death blow: same as AV, except when indicators are coming from oversold.